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In recent times, many leading agencies have reaffirmed high growth for the Indian Economy. Which of the following statement/statements can be the best reason/reasons for India's projected high growth ? I. Strong Private Final Consumption Expenditure (PFCE) II. Government's shift of focus from large capital expenditure towards private investment III. Increase in domestic air passenger traffic along with a reduction in the volume of Fast-Moving Consumer Goods (FMCG) IV. Fading of the El Nino oscillation and better Rabi crop prospects. Select the correct answer using the codes given below :
Correct Answer: (a)
Official keyThis question appeared in the APPSC Prelims 2024 examination (GS (Group-I)). It is Question 61 out of 386 questions in this paper. Section: Indian and Andhra Pradesh Economy and Planning.
This question was part of the APPSC Prelims 2024 (GS (Group-I)). The APPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all APPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.